Hints and tips:
...In the past five years, Sony has gone on an acquisition spree to expand its entertainment assets, buying EMI Music Publishing for $2.3bn and spending $1.2bn to acquire AT&T’s anime streaming service Crunchyroll...
...A music business with a weighty back catalogue that included The Beatles and Pink Floyd and a lucrative, royalty-generating publishing division, appeared to brim with opportunity....
...In 2011, Citi split the business in two, selling the recorded music arm for $1.9bn to Vivendi’s Universal Music and its music publishing business to a consortium led by Sony for $2.2bn....
...The music business today is so much more marketing driven. What was your best preparation for business?...
...A Sony-led consortium acquired EMI Music Publishing four years ago for $2.2bn; Sony/ATV manages EMI on an arms-length basis, a regulatory condition of the Sony group’s purchase....
...Terra Firma thought EMI’s publishing catalogue could be securitised in the same way, a hope which helped underpin their £4.2bn bid for EMI in 2007....
...The songs under management include works represented by EMI Publishing, which was acquired by a Sony-led consortium for $2.2bn....
...Rarely photographed without a beaming smile and a big cigar, Mr Bandier was reunited with EMI Music Publishing three years ago when a Sony-led consortium acquired it for $2.2bn....
...EMI was broken up after a protracted sale process, with Vivendi’s Universal Music Group buying most of its recorded music business and a Sony-led consortium acquiring EMI’s music publishing division....
...When I was at EMI, we participated in an industry consortium choosing the right tape to put on a CD to make sure that no one stole the music from the record shop....
...It then started buying master recordings, combining the separate business of music publishing, which deals with songwriters’ rights, with recorded music, which deals with performers and performing rights...
...Warner separately bid for Rosetta, a roughly $90m publishing business Sony is selling as a condition of its EMI deal....
...In 2010 he decided EMI must become a “global rights management” company, ending the traditional split between recorded music and music publishing....
...Bertelsmann, the German media group, has taken a decisive step to re-establish itself as a major player in the music industry by taking full control of BMG in a deal which values the music-rights management...
...Yet cutting costs in the music and movie businesses is tough – just ask Guy Hands how he fared at EMI. The other problem with Mr Loeb’s plan is that you cannot be half-pregnant....
...His preference for melody over lyrics is such that though he bid for both Warner Music and EMI in the past two years, he had no interest in the publishing arms that represent songwriters....
...He repeated his ambition to enter the education market, calling academic publisher Springer Science and Business as “a business that’s doing well” – and a potential target....
...It’s had a full ecommerce business in China for a while (and has no doubt invested a lot of money there), but it remains a small player if you look at its market share....
...since the ownership of EMI Music Publishing passed to the Sony consortium....
...Unlike the Universal-BMG deal, the Commission did not take account of Sony’s recorded music business, partly because the Sony-led consortium’s structure will keep EMI’s publishing business at arm’s length...
...Sony ATV, its publishing venture with Michael Jackson’s estate, is close to sealing a $2.2bn consortium bid for EMI Music Publishing that will make it the largest in the world by revenues....
...The EMI deal is also under scrutiny at the US Federal Trade Commission, while both EU and US antitrust authorities are separately reviewing the proposed acquisition of EMI’s music publishing business by...
...Although talks are continuing, a more detailed second-stage investigation is also expected into a Sony-led consortium’s $2.2bn bid for EMI’s publishing business, which holds rights to songs such as “Over...
...Following a $1.9bn bid from Vivendi’s Universal Music in November for EMI’s record labels and a $2.2bn offer the same day for EMI Music Publishing from a Sony-led consortium, the fabled British music group...
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